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Jan 23, 2013
01/13
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you but it is a dangerous game to, well, let's pass the debt ceiling extension but deal with it the next time. we were here in august of 2011. we had the "gang of six", we had the super-committee, all these smart people that were supposed to come up with a resolution how we're not getting back to this spot and guess what? we're here. melissa: absolutely. dennis i will kick it back to you on that one. everyone thinks this sound like, i don't want to say it is, such a cliche, kicking the can down the road again. >> we have to deal with this, this is wasteful spending. we have an element no one is talking about i want to introduce on the show. you have exponential growth of debt due to compounded interest. we have structural problems the way we handle our money system. this is something that we're going to have to address sooner or later. you can kick the can down the road but we'll still have debt. we have to deal with the underlying issues how these debts are created. cut the wasteful spending but also look at the, at the system that we have that causes the debt to grow exponentially beca
you but it is a dangerous game to, well, let's pass the debt ceiling extension but deal with it the next time. we were here in august of 2011. we had the "gang of six", we had the super-committee, all these smart people that were supposed to come up with a resolution how we're not getting back to this spot and guess what? we're here. melissa: absolutely. dennis i will kick it back to you on that one. everyone thinks this sound like, i don't want to say it is, such a cliche, kicking...
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Jan 23, 2013
01/13
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CSPAN
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we do not have the votes on our side to pass a debt ceiling that does nothing about the real problem, nothing to deal with the real crisis, the certain crisis. it is an irresponsible thing to do, to kick that can down the road. what we have been able to do is to say, let's give ourselves four months for a serious budget cycle, with the senate says they want to pass a budget for the first time in four years, and see where our priorities are, our values are, and we can come tog# sad our wit us, but i am glad they were able to testify to the opportunities this provides. you look for those numbers of things the president agrees on, the senate agree on, and the house agrees on, they are few and far between. i hope this is ceasedsion about i am sad our witnesses have left us, but i am glad they were able to testify to the opportunities this provides. you look for those numbers of things the president agrees on, the senate agrees on, and the house agrees on, they are few and far between. i hope this is ceased to mark. >> there has been discussion about why we are here at this time. i chose t
we do not have the votes on our side to pass a debt ceiling that does nothing about the real problem, nothing to deal with the real crisis, the certain crisis. it is an irresponsible thing to do, to kick that can down the road. what we have been able to do is to say, let's give ourselves four months for a serious budget cycle, with the senate says they want to pass a budget for the first time in four years, and see where our priorities are, our values are, and we can come tog# sad our wit us,...
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Jan 23, 2013
01/13
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let's pass a long-term increase to the debt ceiling so the phrase continues to mean something. i believe it does. thank you for coming today. >> thank you. i would note for the record this discussion may not be as harmful as we think. the dow and s&p 500 hit a five- year high today. for that, i would recognize mr. young for five minutes. >> thank you. i think all of our panelists for being here today. it is clear the big issue here, i think mr. hoagland put it most succinctly, the real issue is mandatory spending we are entering budget season. i am just curious. as the president submits his budget -- his budget for 2014, what do you anticipate the likelihood that his request will include any reforms of significance to make a sustainable medicare -- medicare and social security? >> i am an optimist. i will say he may take the opportunity and really choose to lead. until he proves otherwise, that is what i will believe. >> good. i share your hope. i have spent a couple years on the budget committee before being on this committee. i was hopeful then, too. that is the most importan
let's pass a long-term increase to the debt ceiling so the phrase continues to mean something. i believe it does. thank you for coming today. >> thank you. i would note for the record this discussion may not be as harmful as we think. the dow and s&p 500 hit a five- year high today. for that, i would recognize mr. young for five minutes. >> thank you. i think all of our panelists for being here today. it is clear the big issue here, i think mr. hoagland put it most succinctly,...
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Jan 23, 2013
01/13
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caller: i would say, first, the debt ceiling there were talking about passing, i think it's a good time, a good thing for the short term. but what is stopping them from in may saying we need three more months and just kicking the can down the road? there has to be some consequences for republicans and democrats to actually say you've got to do this by a certain time or you don't have any more money to spend, so you don't get a raise. something has to be done to snap some reality back into congress. right now our grandchildren will end up paying our debt. that is pretty sad. i never thought there would be a day that i would say that. unfortunately, it is here. host: here's more information about the debt ceiling vote today in the house. freddie joins us now from missouri on our independent line. caller: hello. i think the congress has just gotten away from us. this country is we the people. the people don't have any say about anything. congress is the only one. they keep raising their salaries. and the people out here, money wise, we are going downhill. they keep raising taxes. nobody ca
caller: i would say, first, the debt ceiling there were talking about passing, i think it's a good time, a good thing for the short term. but what is stopping them from in may saying we need three more months and just kicking the can down the road? there has to be some consequences for republicans and democrats to actually say you've got to do this by a certain time or you don't have any more money to spend, so you don't get a raise. something has to be done to snap some reality back into...
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Jan 23, 2013
01/13
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FOXNEWSW
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house republicans could soon pass a bill that extends america's debt ceiling but it has a big catch. what it is and why it could take a bite out of lawmakers' wallets. golf star phil michelson says higher taxes might force him to move out of the golden state. where he could land and why he's hardly alone. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've been buying ragu for years. [ thinking ] i wonderhat other questionable choices i've made? [ club scene music ] [ sigh of relief ] [ male announcer ] choose taste. choose prego. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lin grow longer, his pain continues to linger. but after a long day of helping others, he
house republicans could soon pass a bill that extends america's debt ceiling but it has a big catch. what it is and why it could take a bite out of lawmakers' wallets. golf star phil michelson says higher taxes might force him to move out of the golden state. where he could land and why he's hardly alone. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've been buying ragu for years. [ thinking ] i wonderhat other questionable choices i've made? [ club scene...